By Lise Alves, Contributing Reporter
SÃO PAULO, BRAZIL – With the devaluation of the U.S. dollar in relation to the Brazilian real in April, Brazilian tourists spent more than US$2.34 billion abroad that month, announced the country’s Central Bank on Friday, setting a historical record.
Expenditures abroad for the first four months of the year totaled US$8.21 billion, increase of 1.7 percent in relation to the same period in 2013. For the entire year of 2013 Brazilians who went abroad spent US$25.3 billion.
According to economists the surge in foreign spending . . .
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